New car sales are still crumbling under the weight of supply shortages, rising costs and concerned buyers facing higher costs of living. UK new car registrations fell by -15.8% to 119,167 units in April, according to the Society of Motor Manufacturers and Traders. Despite showrooms being open for the entire month, unlike the previous year which saw … [Read more...]
EVs spark life into 24 year car sales slump
New car registrations collapsed to a 24-year low last month, despite bulging orders which car makers cannot supply. UK new car registrations fell by -14.3% to 243,479 units in March, according to the latest figures from the Society of Motor Manufacturers and Traders. Wales bucked the trend and saw 9,523 new cars registered with the new 71-plate in March, a … [Read more...]
Short-circuit finance costs of new-generation zero cars
New data from Leasing.com shows that leasing a battery electric vehicle is on average 18%, and potentially up to 31%, cheaper than funding a new vehicle on personal contract purchase. According to 2022 pricing data across Leasing.com’s top 15 most popular BEVs, leasing was the cheapest and most cost-effective option on 87% (13) of those models. Across the … [Read more...]
EVs are changing the look of fleets
Strong impetus for fleets to electrify while new car supply remains highly inconsistent is changing the badge composition of some fleets, says FleetCheck. Peter Golding, managing director at the fleet software specialist (below) said that several manufacturers who previously had low or non-existent fleet profiles were gaining ground. “There are a … [Read more...]
Tradelines 16 March
Next month sees introduction of the Kia Sportage PHEV model, the latest in the new Sportage line-up. Its pure electric driving range is 43 miles, enough for the average daily commute without using its 265ps 1.6 litre petrol engine, and that gives it a 25gkm emissions figure attracting just 8% BIK while it’s priced from £38,395 for its four trim … [Read more...]
Lexus, Kia and Toyota are UK’s best brands
Lexus is Britain's best brand to be selling, according to the latest poll for the National Franchised Dealers Association. It is encouraging that despite the challenges affecting our industry, franchised dealers show high levels of satisfaction around a number of key business areas, particularly current profit, margins on used cars and manufacturers’ … [Read more...]
Weekend roadtest: Kia Ceed 1.0T-GDi
Pitching against some of Europe’s best compact family cars, the Kia Ceed is now more competitive than ever. This third generation of the five-door hatchback to be built in Slovakia launched last year, gives nothing away to rivals and beats most with its equipment and value. But that’s almost doing it an injustice because it actually drives extremely well … [Read more...]
Newslines 17 February
Pricing and specification for the Mazda2 Hybrid has been announced. Arriving in the UK in May, and available to order now, the Mazda2 Hybrid will be offered across three trim grades: Pure, Agile and Select with prices from £20,300 as a result of a joint venture with Toyota, who will make the car and badge it as a Mazda. Kia UK Limited has won the Feefo … [Read more...]
EVs big savings with off-peak charging over petrol & diesel
EV motorists will have an advantage over drivers with petrol or diesel cars following the energy price hike, say experts at Select Car Leasing. With the energy price cap rising, Brits are expected to see their energy bills skyrocket by 54%. This, combined with rising fuel costs which have hit all-time records for petrol and diesel, means many motorists … [Read more...]
EV sales offer hope as new car market staggers
New car registrations in Wales rose the most in mainland Britain last month, according to figures from the Society of Motor Manufactuers and Traders. Welsh showrooms saw 4,166 new cars leaving in 2022 compared to 2,654 as the year started in 2021, a 56.97% jump. The latest figures from the SMMT show that 115,087 new cars were registered in January, some … [Read more...]
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